Your rent, which is referred to as the Total Tenant Payment (TTP) in this program, is based on your family’s anticipated gross annual income, less any deductions, if applicable.

HUD regulations allow the GCHA to exclude from annual income the following allowances: $480 for each dependent; $400 for any elderly family or person with a disability; certain childcare expenses; and certain medical expenses for families headed by an elderly person or a person with disabilities.

Based on your application, the GCHA will determine if any of the allowable deductions should be subtracted from your annual gross income. Annual gross income is the anticipated total income from all sources received by the family.

The formula used in determining the TTP is the highest of the following, rounded to the nearest dollar: 30 percent of your monthly adjusted income (income minus deductions allowed by regulations); or a minimum rent.

As you can see, there are many factors that go into our calculations.